Business News Northeast - Latest Business Northeast News & Updates

17 Aug

Ola Electric Expands Indigenous Battery Technology Beyond EVs

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Ola Electric has unveiled an expanded Shakti energy storage portfolio aimed at enabling energy to be stored when available and deployed when needed, from powering homes during outages to supporting renewable energy at grid scale. Announced on India’s 80th Independence Day, the portfolio is built around indigenous lithium iron phosphate (LFP) battery technology and Ola Electric’s vertically integrated cell-to-system capabilities. Ola Shakti comprises three solutions designed for different applications: Shakti Gen2 for home energy storage, Shakti Rack for commercial and infrastructure requirements, and Mahashakti for industrial and utility-scale applications. Ola Electric Chairman and Managing Director Bhavish Aggarwal said the company’s…

17 Aug

Gold Price Today: Gold Shines Above ₹1.55 Lakh as Silver Gains; Check 24K, 22K Gold Rat

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Gold prices continued their upward movement on Monday, with futures gaining ₹676 per 10 grams amid steady demand in the spot market. Silver also remained strong, rising nearly 1% in futures trade. On the MCX, the October gold contract rose 0.44% to ₹1,55,182 per 10 grams. The contract recorded a business turnover of 1,111 lots. According to analysts, fresh buying and position building by traders helped precious metals maintain their upward momentum. Gold also gained in overseas markets, with New York futures rising 0.40% to $4,394.01 per ounce. Meanwhile, MCX silver futures for September delivery climbed ₹2,270, or 0.96%, to…

17 Aug

Turkish Airlines expands China network with new Chengdu service

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Turkish Airlines is expanding its presence in China with the launch of scheduled flights to Chengdu, the capital of Sichuan Province, from November 11, 2026. Chengdu will become the airline’s fourth mainland Chinese destination after Beijing, Shanghai and Guangzhou, strengthening its connectivity with one of the country’s major business and technology centres. The airline will operate three weekly Istanbul-Chengdu services using Boeing 787-9 Dreamliner aircraft, with 300 seats comprising 30 Business Class and 270 Economy Class seats. Flights from Istanbul will operate on Wednesdays, Fridays and Sundays, while return services will run on Mondays, Thursdays and Saturdays. Chengdu, home to…

17 Aug

Michael Evans’ Elara project finds strong audience in Northeast India

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Author and investigator Michael Evans’ Elara: How Losing Herself Became the Road Back Home has gained traction in India, with its Kindle edition reaching No. 11 in Amazon India’s True Accounts category and entering the Top 100 in Self Help. Evans said more than one million of his YouTube subscribers are from India, with Nagaland and Meghalaya accounting for the largest share, while his global audience includes more than 3.6 million female subscribers. The Northeast has also contributed directly to the Elara Mother Daughter Healing Project. Meghalaya-based content creators Anita Dorjee, Maya Chettri and Chandi Gorh, along with Nagaland’s Vinikali…

14 Aug

Indriya names Krithi Shetty brand ambassador for southern markets, unveils Varalakshmi campaign

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Indriya, the jewellery brand from Aditya Birla Group, has appointed actor Krithi Shetty as its brand ambassador for the southern markets and unveiled its Varalakshmi campaign ahead of the festive season. The campaign positions Shetty as the face of Indriya’s festive jewellery collection, drawing on the cultural significance of Varalakshmi celebrations across Andhra Pradesh, Telangana and Karnataka. Rooted in themes of prosperity, devotion and togetherness, the campaign showcases heritage-inspired jewellery reinterpreted through contemporary design. The collection features temple jewellery elements including nakkashi craftsmanship, Goddess Lakshmi motifs, lotuses, peacocks, kasu-inspired designs and temple detailing. Crafted in antique gold finishes and complemented…

14 Aug

Women-focused insurance product highlights changing financial protection needs

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ICICI Prudential Life Insurance has launched ICICI Pru iProtect Smart Her, a women-focused term insurance product combining financial protection with healthcare, wellness and flexibility benefits.The plan offers women a 15% lifetime premium discount and a pregnancy break benefit aimed at helping policyholders manage premium commitments during pregnancy. It also provides women-specific health management and wellness services worth up to ₹25,000. The health package includes tele consultations across multiple specialties, annual health check-ups, health risk assessments, wellness content and discounts on pharmacy and diagnostic services. The company said total benefits available under the product are worth up to ₹92,100. The product…

14 Aug

Gen Z reshapes festive shopping as trusted conversations influence purchase decisions

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India’s festive shopping landscape is undergoing a shift as Gen Z increasingly relies on friends and family to validate purchases, even as creator content continues to drive product discovery, according to new research by GWI and Snapchat. The study found that 70% of Gen Z sees the festive season as multiple celebrations rather than a single shopping occasion, while nearly four in 10 begin planning Diwali purchases more than a month in advance. While 7 in 10 Gen Z consumers say creator content helps them discover products, 76% said instant feedback from trusted people increases purchase confidence. Around 63% share…

14 Aug

Tata Sons chairman N Chandrasekaran to step down in February 2027, succession process begins

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N Chandrasekaran, Chairman of Tata Sons Private Limited, has decided not to offer himself for re-appointment when his current tenure ends on February 20, 2027, the Sir Dorabji Tata Trust said on Thursday. The Trust said its nominee directors received an email from Chandrasekaran on August 12 conveying his decision. The Sir Dorabji Tata Trust respected the decision and placed on record its appreciation for Chandrasekaran’s contribution and stewardship of Tata Sons and the Tata Group over the past decade. The Trust said Chandrasekaran made an “immense contribution” during a period marked by significant change, growth and transformation across the…

13 Aug

Muthoot FinCorp Files IPO Papers as India’s Primary Market Gains Momentum

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Muthoot FinCorp, the flagship financial services arm of the Muthoot Pappachan Group, has filed draft papers for an initial public offering (IPO) worth ₹3,000 crore, with the proceeds aimed at supporting lending, business expansion and digital growth. According to the draft prospectus, the proposed issue will consist entirely of fresh shares, although the company may conduct a pre-IPO placement of up to ₹600 crore, which could reduce the size of the fresh issue. Up to 50% of the net issue will be reserved for qualified institutional buyers, at least 15% for high-net-worth individuals and a minimum of 35% for retail…

13 Aug

Mahindra Vision S Set for August 15 India Debut: Know Expected Design, Features and Specs

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Mahindra Vision S has once again grabbed attention after being spotted testing on the roads of Bengaluru. The SUV was first seen in prototype form during testing in 2025, and it has remained one of the much-awaited upcoming models from the automaker. The Vision S is expected to make its India debut on August 15, 2026, at Mahindra’s annual event. The upcoming SUV, which is being referred to as the Baby Scorpio, is expected to carry a bold and boxy design. The test mule features an upright front profile with a flat bonnet and round LED headlamps. The production version…